NonprofitsGood Soil Edc Inc

Education

Good Soil Edc Inc

DALLAS, TX

Total revenue

$4.1M

Total expenses

$3.9M

Net assets

$260K

Grants received

$640K

1 grants

EIN

990625536

Tax year

2024

Mission

Provide educational resources for minority, indigenous or otherwise under resourced entrepreneurs. This will be done through an online platform where individuals can access training materials, mentorship, and other resources that have historically been difficult for these communities to access.

Programs

1 program

Good soil hq is a t.d. Jakes enterprises project app (ios & android). App is designed to connect entrepreneurs with resources and opportunities to foster business growth and generational wealth, with a goal of supporting a million businesses in a decade. Self-paced courses, mentorship, daily discussions, video mastermind sessions, special offers from suppliers and funders. App brings you a community to support your business growth. There are 3 membership levels: impact (free), grow (paid), & scale (invite). App is continuing to grow by providing tangible things that are helping entrepreneurs grow. Have 27,055 members

Expenses: $412K

Financials

FY 2024

Revenue

Contributions & grants$3.6M
Program service revenue$566K
Investment income$71
Other revenue$500
Total revenue$4.1M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising$515K
Other expenses$2.6M
Total expenses$3.9M
Total assets$276K
Net assets$260K

People

5 listed

NameRoleCompensation

DARWIN BRUCE

PRESIDENT

Board

1 hrs/wk

JAYLEN BLEDSOE

TREASURER

Board

1 hrs/wk

JOHN HOPE BRYANT

DIRECTOR

Board

1 hrs/wk

FADI KHOURY

CHIEF FINANCIAL OFFICER

Board

15 hrs/wk

NICOLE FAIN

SR DIRECTOR/MANAGER

Staff

$150K

45 hrs/wk

Independent contractors

WELLTHI TECHNOLOGIES

IT

$196K

BCW-BURSON COHN & WOLFE LLC

ADVERTISING & MARKETING

$165K

LINCOLN STEPHENS

MARKETING

$162K

TRAVERS JOHNSON

CONTENT CREATION

$147K

MIKE ORREN

IT

$130K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$640K
SEED CAPITAL GRANT AND COMPEITION AWARDS
2024

Funded by

$640K from 1 funder · 1 grant · 2024

Metroplex Economic Development Corp

$640K · 1 grant · 2024

Details

EIN990625536
NTEE codeB12
Subsection03
Ruling date2025-02
Formed2023
Employees10
Volunteers0
GOOD SOIL EDC INC — Mission, Financials & Grants Received | Grantivo